360 McLeod Street, Unit 49, Ottawa Centre, ON

$375,000
MLS#:X11825129
1 beds
1 baths
0-499 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $375,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Unique and rare opportunity to own an affordable concrete-built condo downtown that includes underground parking! Versatile and available for quick closing, this condo is a fantastic opportunity to own a piece of downtown Ottawa as a first time homebuyer or investor! Filled with natural light and offering stunning city views, this modern condo boasts a seamless layout, industrial chic design with 10' exposed concrete ceilings, hardwood floors, in-unit laundry and floor-to-ceiling windows with unobstructed views. The open-concept kitchen features stainless steel appliances, quartz countertops, soft-close cabinets, bonus pantry and stylish backsplash. The serene bedroom and high-end bathroom complete this stunning space. The building offers a resort lifestyle with an array of features, including a gym, theatre room, party/meeting rooms and an outdoor pool surrounded by caribbean-style cabanas. Enjoy outdoor entertaining spaces complete with pergolas, lounge chairs, a dining area, a stone-clad fireplace, and BBQs. Condo fees include heat, water, management, caretaker services, building insurance, and all building amenities. This pet-friendly building also offers concierge service! Located just steps from the Canal, Parliament and The Glebe allows for easy access to gourmet dining, vibrant shopping, scenic walks and outdoor activities. Enjoy the convenience of being right off the highway 417, making commuting a breeze. This prime location puts you at the heart of downtown living, with local coffee shops, bakeries, the LCBO, Starbucks, Shoppers Drug Mart, and more just outside your door. Embrace the best of urban living in this centrally located building, where everything you need is within reach. Immediate occupancy available, why rent when you can own for less!

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Property Summary

This condo apartment located at 360 McLeod Street, Ottawa Centre is currently for sale and has been available on SousaSells for 590 days. This property is listed at $375,000 with an estimated mortgage of $1,248* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 360 McLeod Street, Ottawa Centre is in the 4103 - Ottawa Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 6, 2025
Sold price information is available to members only
Listed Date12/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Metal/Steel Siding
BasementNone
CountyOttawa
Annual Tax$2,996

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Public Transit, Park

Interior Features

Auto Garage Door Remote

Security Features

Community Features

Virtual Tours

Location

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360 McLeod Street, Unit 49, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 360 McLeod Street 608, Ottawa Centre, ON K2P 1A9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$112,500 (30.0%)
* Minimum Canadian down payment required for this price is $18,750.
Amortization Period30 Years
Estimated Monthly Payment$1,248Based on a loan of $262,500 over 30 years.
Purchase Price$375,000
Loan Amount$262,500
Provincial Land Transfer Tax:$4,100
Total Estimated Closing Taxes:$4,100

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $375,000 in Ottawa Centre, the legal minimum down payment is $18,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,100 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,100.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4103 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$706,078

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.